Jigar Mistry of Buoyant Capital elaborates on the post-COVID market trends, attributing retail investors’ unprecedented wealth to the volatility. He explains the shift in government spending from capex to consumption and its impact on various sectors. Mistry reveals Buoyant Capital’s strategic portfolio adjustments, highlighting a preference for larger cap stocks and significant investments in the banking and insurance sectors.
US stocks today: S&P 500, Nasdaq end higher, notch weekly gains after earnings-heavy week
The S&P 500 and Nasdaq reached record highs, fueled by strong earnings and falling crude prices, marking their longest weekly gain streak since October 2024.